Jul. 30 at 5:25 PM
$GLBS getting easy 2:1 on $ down here, get your bids in globulls , I’m looking at you!!
🚢
$GLBS Valuation Breakdown – Why This Low Float Microcap Could Be a
$5+ Sleeper
Over the last 4 years, Globus Maritime (
$GLBS) has shown serious earnings swings tied to the dry bulk freight cycle:
• 2021 EPS:
$0.73
• 2022 EPS:
$1.18
• 2023 EPS:
$0.26
• 2024 EPS:
$0.02 (down year, but still positive)
Even with the slowdown in 2024, the 3-year average EPS (2021–2023) is still
$0.72/share.
Apply even a modest 6× P/E to that average, and GLBS lands at ~
$4.30/share.
At 8× P/E? That’s
$5.75.
And 10×? Nearly
$7.20.
clean balance sheet. Float is only ~2.5M.
Right now it’s trading around
$1 — and the chart is showing a falling wedge and triple bottom near
$1 support. Technically and fundamentally, this looks ready.
📌 Key levels to watch:
• Break of
$1.40 = ignition
•
$1.8x = confirmation
•
$2.4x = gap fill
•
$5+ = earnings reversion
